Author: MacyNewman

Even the most amateur business owner knows the mantra, “location, location, location” when it comes to the importance of real estate. Whether you’re opening your dental practice for the first time or making an office switch, there are critical questions to consider, the answers to which will determine how successful your venture will be. Just because there area lot of offices available, doesn’t mean you won’t get stuck with a lemon!
How Many Rooms Do You Need?
Do you need a waiting...

Unfortunately, not everyone in commercial real estate knows what they’re doing. Mastering the market takes a lot of time and effort. Some people will take shortcuts in the hopes of a quick buck, while others may legitimately not understand what they are doing is just dead wrong! If you want to avoid becoming one of these horror stories, keep the following in mind when working with your commercial real estate agent. Generic Marketing – if you’re a landlord trying to...

It’s common knowledge that investing in commercial real estate leads to way bigger financial gains than residential real estate investments. But finding the best properties and deals is not always easy. What makes a good property “good”? And even if it’s a good property, what are some red flags you should be searching for when making a deal? These tips will help you navigate the waters. “Farm” neighborhoods – “farming” is a term commercial real estate developers and investors use...

The needs of healthcare providers for office space obviously differ drastically from normal office spaces, and often have specific needs which are not always shared between practice areas. Some may require access to a lab, others may need clinical services; the list goes on and on. This is why it’s important to keep these tips in mind when searching for the perfect space to grow your practice.
1. Parking – it always shocks us when people forget how important parking is!...

If you’re an entrepreneur with a growing business, you probably have thought about the need for warehouse space. But even if you’re just in the infancy stages of your current venture, it’s best to think ahead about the needs your business will require. After all, your business is your child, and you need to nurture it appropriately if it’s going to grow up big and strong! So consider these factors when thinking about warehouse space: Flexibility – if your business...

Commercial real estate tycoons, get your wallets ready; the national office vacancy rate has officially declined to 15.7 percent! According to real estate research firms such as Reis Inc., this is the lowest office vacancy rate the US has seen since the second quarter of 2009. While this sounds good, what exactly does this mean for those investing in commercial real estate?
It means that commercial real estate is increasing in demand! As employment rates and the economy, in general, continue...

It’s common knowledge that the tech industry is good news for cities and regions across the world. Growth in this sector raises the value of homes and enhances the real-estate environment in general. This tech industry growth is starting to spill into other areas of the country, as California is too expensive of a market for tech entrepreneurs and their teams to thrive in. What the tech industry is looking for now, are some of the characteristics of pre-tech boom...

With the exceptions of slight growth in specific market sectors like senior and student housing, and single-tenant industrial leases like regional distribution centers, projections for the future show modest additions to supply in the world of commercial real estate. So what does this mean for your business? If you’re looking to move, will you be forced to sign an overly expensive lease to get the right place for you, or will you need to give up on the dream location...

Let’s face it; we live in a digital age where the Internet has a tool for everything. And while that can be liberating, it can also create blind spots! So when using online searches, keep these important factors in mind before committing yourself to a lease which may ultimately may not be the right fit for you and your business.
1. There’s no personal touch
It’s a good idea to do some cursory online searches to have an idea of what you’re...

Everyone makes mistakes; it’s human nature. But for a major financial decision which can determine whether your business will sink or swim, it’s best to avoid mistakes of any kind. In our experience, the following mistakes are not only the most damaging to your livelihood’s space; they are also the most common!
No Planning When Leasing Office Space
It takes a considerable amount of time to either renew a lease or move to a new space. In fact, depending on the requirements...